IMPS Betting Sites Review: Transfer Funds in Betting Account with IMPS
IMPS Betting The banking and finance industry is changing rapidly.
There are new payment technologies which help you to easily make inter-bank transfers.
You can electronically transfer funds from one bank to another with the help of your smartphone. There is no need to stand in long queues or visit the bank to deposit money in your account.
The majority of Indian banks provide the IMPS option, which helps you in quick and easy fund transfer. You can use the IMPS payment service on betting sites as well.
Most of the betting sites provide IMPS payment service as it is one of the most popular fund-transfer options. You can use this option to directly transfer funds from your bank account to your betting account from your home.
If you want to know more about IMPS betting or IMPS betting sites review, follow this guide.
What is IMPS?
IMPS means Immediate Payment Service. It is an instant payment service provided by Indian banks. You can use this service to transfer money from one bank to another.
The best thing about this payment service is that it helps you to instantly transfer funds from your phone irrespective of the baking hours. It means you can use this service 24 X 7, even during bank holidays.
National Payments Corporation of India has developed this electronic fund transfer service for the Indian banking system.
There are minimum and maximum deposit and withdrawal limitations along with transaction charges. You need to check all these details before you use this service.
As most people in India use IMPS for transferring money, it is available with betting platforms. You can use IMPS Betting to deposit as well as withdraw money from your betting account.
IMPS Betting Sites in India:
Betting sites provide many different types of payment methods. Out of all the methods, bank transfer and Net Banking are the two most popular ones. With Net Banking, you will get IMPS, NEFT and RTGS services.
Out of these three services, most people use IMPS as it is quicker and convenient. There are many IMPS Betting banking sites in India. It is one of the oldest digital payment systems.
Instead of using your debit or credit card for online payment, you can simply use IMPS. It will help you to instantly transfer funds to your betting account.
Fun88, Betway Sports, 10Cric, Funbet, 22BetIndia and Casumo are some of the IMPS betting sites in India. If you want to use the IMPS payment service for betting, you can simply check our IMPS betting sites review.
It will help you to learn more about IMPS betting and show you how to deposit as well as withdraw money using this option.
How to Deposit at Betting Websites with IMPS?
In order to use the IMPS Betting service, you need to have a bank account. Apart from that, you also need a Net Baking service. For IMPS transactions, you will need an MMID number.
Mobile Money Identified Number helps you to easily transfer funds from your mobile.
You might also need to provide your Aadhaar number to enable this service. Before you use it, you need to check the transaction limits and charges.
If you want to use the IMPS option to deposit money in your online casino India account, follow these steps.
- Step 1: Sign In to Betting Account
You need to sign in to your betting account and go to the deposit page to deposit money.
- Step 2: Choose IMPS/ Net Banking
After reaching the deposit page, you need to choose IMPS or Net Banking option from all the other payment options. Also need to choose your bank.
- Step 3: Enter Credentials
Now, you need to enter your Net Banking credentials to transfer funds. Enter your ID and Password along with the amount you want to deposit.
- Step 4: Enter OTP
In this step, you need to enter some additional details like M-Pin. It depends on the bank. Once it is done, you will get an OTP, which you have to enter in order to complete the transaction.
How to Withdraw from Betting Websites with IMPS?
You can use IMPS to withdraw money from your betting account. However, it might take 24 to 72 days for the money to reflect in your account. Follow these steps to withdraw money from your betting account using the IMPS option.
- Step 1: Sign In to Betting Account
You need to sign in to your betting account and go to the withdrawal page.
- Step 2: Choose IMPS/ Net Banking
After that, you need to choose IMPS or Net Banking option.
- Step 3: Enter Bank Details
Now, you need to enter bank details like IFSC Code, bank account, MMID number, etc.
- Step 4: Withdraw/ Transfer
After that, you need to enter the amount as per the limit and click on withdraw. You also need to enter the OTP or M-Pin to complete the transaction.
Advantages of Using IMPS for Transferring Funds in Betting Account?
There are many advantages of using the IMPS Betting payment option for betting sites.
- Fast Transaction:
It helps you to instantly transfer funds from your bank account to your betting account.
- No Pre-Load:
You don’t have to pre-load your wallet as you can transfer funds 24 X 7.
- Real-Time Transfer:
It supports real-time funds transfer. You can easily transfer funds from, and to your bank account anytime you want.
- High Security:
There is high security and privacy policy with IMPS transfer. It comes with 2 step authentication process, which makes all the transactions safe.
- Multiple Accounts:
You can use multiple bank accounts to deposit as well as withdraw money using IMPS Betting from your betting account.
IMPS Betting FAQ:
- Are there any transaction limits with the IMPS option for betting?
Yes, there are the minimum and maximum deposit as well as withdrawal limit with IMPS. You need to check the limit as well as the charges first.
- What are the transaction charges applicable with IMPS?
The transaction charges depend on the amount you are depositing or withdrawing from your betting account.
- Can I use IMPS from my phone to deposit money in my betting account?
Yes, you can use your phone to access the betting site and deposit money directly from your phone using the IMPS option.
